Sixteen of 17 economists polled said they expected the central bank to leave the benchmark discount rate TWINTR=ECI at 1.375 percent when its policy board meets this week. One analyst predicted a 12.5 basis point rise to 1.5 percent.

Taiwan’s economy has been largely resilient to the trade tensions between China and the United States, but there were signs that the island’s economy could face a slowdown in the coming months amid concerns of tariff increases.

The island’s exports in November unexpectedly posted their steepest drop since 2016 due to tepid demand for Taiwan’s technology exports.